Why do brokers and banks need so many documents?

Understanding Australia’s Home Guarantee Scheme: A Mortgage Broker’s Perspective

The In’s and Outs of Bridging Finance

Saving the deposit for your first home can be difficult and take a number of years. One way to potentially get into your own home sooner is by having a family member act as a guarantor.

Many lenders allow parents or someone who is close to you, to use the equity in their property as security for your home in lieu of you saving the full deposit required. This person is known as a guarantor.

Debt consolidation involves bringing your existing debts together into one new loan. The objective is to reduce the number of individual payments you make and reduce the interest rate you are paying on your more expensive debts.

Belinda Gough talks to our clients in this BLOG about schemes and options available for First Home, Regional and Single Parents. Be sure to reach out to us here at The Broker Society for up to date information.

Planning for retirement has become increasingly challenging in today’s economic landscape. Traditional pension funds and savings accounts may no longer guarantee a comfortable retirement due to factors like longer guarantee a comfortable retirement due to factors like longer life expectancy and rising living costs. As a result, alternative execution of this strategy lies in the expertise of a skilled mortgage broker. In this blog, we’ll explore why partnering with a proficient mortgage broker is crucial when using home equity for a real estate investment.

We’re breaking down the jargon in this article!!!!! Read more to find out what all this bank and finance jargon really means